Nautilus to Cut Workforce on Sluggish Business
The Nautilus Group, Inc. on Friday announced a reduction in its workforce to lower expenses in response to the current business environment, resulting in a restructuring charge of approximately $200,000 for Q3. When fully implemented, this workforce redu
Elder-Beerman Sees Wright Price Go to $7.80 per Share
The Elder-Beerman Stores Corp. announced that it amended its existing merger agreement with Wright Holdings, Inc. to increase the consideration payable to Elder-Beerman shareholders by Wright Holdings from $7.05 per share in cash to $7.80 per share in cas
NRF: August Retail Sales Up 5.1%; SG Sector Lags Behind
The back-to-school season sent consumers to the stores in August, picking up everything from sporting goods to electronics. According to the National Retail Federation (NRF), August retail sales in the GAFS categoryincreased 0.6% seasonally adjusted from
Gildan Issues Q4 Earnings Warning
Glidan Activewear becomes the latest company to issue an earnings warning for its current quarter, citing the weaker U.S. dollar coupled with lower-than-expected unit volume sales. Gildan is forecasting full year diluted EPS in the range of C$2.55 – C$2.
VF Imagewear Looking for Exclusive NBA Deal
On the heels of their recently-announced deal with Major League Baseball to be the exclusive supplier of non-authentic MLB fleece and T-shirts for the U.S. mass market, as well as Canada and Latin America, VF Imagewear officials revealed in a Thursday con
Nike and Kasky Announce Settlement of First Amendment Case
In a joint announcement Friday, the parties to Kasky v. Nike, a lawsuit which prompted a U.S. Supreme Court review exploring the question of what constitutes free versus commercial speech, have agreed to settle the case. The two parties mutually agreed t
Dick’s Appoints Gap Vet as Supply Chain Head
Dick's Sporting Goods, Inc. has appointed Jerel Hollens as Senior Vice President of Supply Chain. Mr. Hollens is responsible for all aspects of the supply chain, from the planning process to the sales floor, leading the areas of Store Allocation an
Fischer Appoints New Nordic Race Director
Fischer US announces the appointment of Eli Brown to the new in-house position of Nordic Race Director…
Timberland Appoints New International Head
The Timberland Company announced the appointment of Michael J. Harrison to SVP, General Manager of International. In this role, Mr. Harrison is responsible for leading Timberland's European, Asian, Canadian and Latin American businesses. Mr. Harriso
Eddie Bauer Helps With 9/11 Memorial
Eddie Bauer and American Forests, the nation's leading nonprofit on the benefits of trees and forests, have reached their goal of raising $500,000 for the Memorial Tree Groves program…
Karbon Lands Deal With RCR…
Schure Sports announced that KARBON is the apparel of choice for the Resorts of the Canadian Rockies. RCR owns and operates seven of the premier resorts in Canada; two in BC, three in Alberta and two in Quebec. They will continue to outfit their ski and s
ITF Re-Elects Ricci Bitti
The Annual General Meeting of the International Tennis Federation, held in
Rio de Janeiro today, 11 September 2003, elected Francesco Ricci Bitti…
Rodale Names New President Of Men’s Health and Fitness Group
Rodale Inc announced that Tom Beusse has been
appointed President of the Men's Health and Sports Group. Steve Murphy,
President and CEO, made the announcement. Beusse begins his appointment
immediately and will continue to report to Murphy…
Sears Names Shigetomi VP Brand Development
Sears, Roebuck and Co. has named Carrie Shigetomi to the post of vice president, brand development, effective Sept. 19. She will report to Mindy Meads, Sears executive vice president and general manager, apparel…
NRF Upset Over Senate Overtime Vote
The National Retail Federation expressed its extreme disappointment at the Senate's vote to block a badly needed Department of Labor update of the nation's overtime laws. NRF will continue to seek implementation of the update…
